Taseko Mines is pleased to announce a new 706 million ton proven and probable sulphide reserve for the Gibraltar Mine, a 40% increase as of December 31, 2021. The new reserve estimate allows for a significant extension of the mine life to 23 years with total recoverable metal of 3.0 billion pounds of copper and 53 million pounds of molybdenum [...]
Taseko Mines Ltd. is pleased to announce that the Gibraltar Mine and the Williams Lake First Nation have renewed a Participation and Cooperation Agreement originally developed and signed in April 2013. The Agreement commits the Gibraltar Mine and the WLFN to work together in the interest of achieving environmentally responsible and economically [...]
This release should be read with the Company's Financial Statements and Management Discussion & Analysis , available at www.tasekomines.com and filed on www.sedar.com. Except where otherwise noted, all currency amounts are stated in Canadian dollars. Taseko's 75% owned Gibraltar Mine is located north of the City of Williams Lake in south-central [...]
Taseko Mines will release its year-end 2021 financial and production results after market close on Tuesday, February 22, 2022. The Company will host a telephone conference call and live webcast on Feb 23, 2022 at 11:00 a.m. Eastern Time to discuss these results. After opening remarks by management, there will be a question and answer session open [...]
Taseko Mines Ltd. announces 2021 copper production from the Gibraltar Mine of 112 million pounds and sales of 105 million pounds. Molybdenum production and sales for the year were 2 million pounds. Fourth quarter copper production was 29 million pounds. Stuart McDonald, President and CEO, commented, "Despite major disruption to the highway and rail [...]
Taseko Mines Ltd. is pleased to announce that its unionized workforce at the Gibraltar Mine has ratified a new, long-term labour agreement. The new agreement will be in place until May 31, 2024. Stuart McDonald, President and CEO, commented, "We would like to thank all parties involved for their hard work and commitment to the collective bargaining [...]
Taseko Mines Ltd. is pleased to announce the US Environmental Protection Agency has provided the Company with an initial draft of the Underground Injection Control Permit for its Florence Copper Project in Arizona. Taseko's project technical team will complete a review of the permit wording within the two-week allotted timeframe, following which [...]
Taseko Mines reports revenues of $132.6 million, Earnings from mining operations before depletion and amortization* of $83.7 million, Adjusted EBITDA* of $76.3 million and Adjusted net income* of $27.0 million, or $0.10 per share, in the third quarter of 2021. Stuart McDonald, President and CEO of Taseko, stated, "Gibraltar produced 34.5 million [...]
Taseko Mines will release its third quarter 2021 financial results after market close on Wednesday, November 3, 2021. The Company will host a telephone conference call and live webcast on Nov 4, 2021 at 11:00 a.m. Eastern Time to discuss these results. After opening remarks by management, there will be a question and answer session open to analysts [...]
Taseko Mines Ltd. is pleased to announce the Gibraltar Mine produced 34.5 million pounds of copper and 600 thousand pounds of molybdenum in the third quarter, increases of 29% and 50%, respectively, over the second quarter. Stuart McDonald, President and CEO, commented, "Gibraltar had another solid operational quarter, with improved copper grades [...]
Taseko Mines Ltd. is pleased to announce that it has signed a US$50 million Revolving Credit Facility . The Facility, which is arranged and fully underwritten by National Bank of Canada, will be available for working capital and general corporate purposes. Stuart McDonald, President and CEO of Taseko, commented, "At current copper prices, we expect [...]
Taseko Mines reports financial results for the three months ended June 30, 2021. Adjusted EBITDA* for the period was $47.7 million and Earnings from mining operations before depletion and amortization was $54.5 million, increases of 101% and 80%, respectively, over the first quarter of 2021. Net income for the second quarter 2021 was $13.4 million [...]